October 6th Mortgage Market Wrap-up 9

Mortgage backed securities (MBS) were down 6 basis points today at 102.16 having finished the day 20 basis points below resistance offered by the 100 day moving average. The 30 year was available at 4.00% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid Atlantic or the Midwest or anywhere else in the U.S. history tells us it is time to refinance!! Please call me at 203-981-8282.91